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Xcel Brands, Inc. Announces Fourth Quarter and Year-End 2024 Financial Results, Shows Improvements as a Result of Its “Project Fundamentals” Restructuring Program

Fourth quarter 2024 net loss of $7.1 million, compared with a net loss of $6.8 million for the prior year quarter. Net loss on a non-GAAP basis was $1.6 million for the fourth quarter 2024, representing a 53% improvement from the fourth quarter of 2023 non-GAAP net loss of $3.5 million. Net loss on a non-GAAP basis was $5.1 million for the full year 2024, representing a 58% improvement from 2023 non-GAAP net loss of $12.2 million. Adjusted EBITDA for the fourth quarter 2024 was negative $0.8 million, compared with Adjusted EBITDA of negative $1.2 million for the fourth quarter 2023, representing a 31% improvement. Adjusted EBITDA for the full year 2024 was negative $3.5 million, compared with Adjusted EBITDA of negative $5.7 million for 2023, representing a 40% improvement.NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — Xcel Brands,...

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STEALTHGAS INC. Reports First Quarter 2025 Financial and Operating Results

ATHENS, Greece, May 28, 2025 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2025. OPERATIONAL AND FINANCIAL HIGHLIGHTSStrong profitability continued for the first quarter, with Net income of $14.1 million corresponding to a basic EPS of $0.38, similar to the previous quarter’s $14.2 million but reduced compared to the $17.7 million record at the time achieved in the first quarter of 2024. Time Charter equivalent revenues decreased by 4.6% compared to the same period of last year to $36.9 million for the first quarter of 2025 as a result of a more muted market. Preserved the high period coverage. About 70% of fleet...

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Beyond Oil Reports Financial Results for the First Quarter of 2025

First quarter of 2025 delivers US$1.01 million in revenue, bolstered by strategic investment and global distribution momentum VANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 28, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, today reported its financial results for the first quarter ended March 31, 2025, and provided a business update. Jonathan Or, CEO of Beyond Oil, commented: “The first quarter of 2025 marks a transformative period for Beyond Oil, with record revenues of US$1.01 million, representing 660% growth year-over-year and 216% sequential growth over Q4 2024. This exceptional...

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Mesa Labs Announces Fourth Quarter and Full Fiscal Year 2025 Results

LAKEWOOD, Colo., May 28, 2025 (GLOBE NEWSWIRE) — Mesa Laboratories, Inc. (NASDAQ:MLAB), a global leader in the design and manufacture of life science tools and critical quality control solutions, today announced results for its fourth fiscal quarter (“4Q25”) and full fiscal year (“FY25”) ended March 31, 2025 (amounts in thousands). Fourth quarter FY25 compared to fourth quarter FY24:Revenues increased 5.5% Non-GAAP core organic revenues growth1 was 6.3% Operating income increased 100.5% to $1,469 Non-GAAP adjusted operating income (“AOI”) excluding unusual items2 decreased 18.0% and was 19.7% as a percentage of revenues  Full FY25 compared to full FY24:Revenues increased 11.5% Non-GAAP core organic revenues growth was 5.0% Operating income increased 106.0% to $16,336 Non-GAAP adjusted operating income excluding unusual items...

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Abercrombie & Fitch Co. Reports First Quarter Fiscal 2025 Results

Record first quarter net sales of $1.1 billion, up 8% from last year, exceeding outlook Net sales growth across regions, with Americas up 7%, EMEA up 12% and APAC up 5% Brand performance led by Hollister brands’ growth of 22% with Abercrombie brands down 4% compared to last year Profitability exceeds company outlook with operating margin of 9.3%, earnings per share of $1.59 Repurchased 2.6 million shares for $200 million, representing 5% of shares outstanding at February 1, 2025NEW ALBANY, Ohio, May 28, 2025 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the first quarter ended May 3, 2025. These compare to results for the first quarter ended May 4, 2024. Descriptions of the use of non-GAAP financial measures and reconciliations of GAAP and non-GAAP financial measures accompany this...

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DAVIDsTEA Delivers Strong Turnaround in Fourth Quarter and Full Year Fiscal 2024 Results

Fiscal 2024Sales reached $61.8 million, up 2% year-over-year Net loss narrows to $3.2 million, a $10.6 million improvement Adjusted EBITDA turned positive at $3.9 million, up $9.3 million Free cash flow of $7.3 million with year cash of $16.2Q4 2024Sales of $23.2 million Net income of $2.5 million, up $6.4 million, despite lower revenue Adjusted EBITDA of $4.0 million, a $3.5 million improvementMONTREAL, May 28, 2025 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its fourth quarter and full-year results for the period ended February 1, 2025 (“Fiscal 2024”). “Fiscal 2024 proved to be a positive turnaround year for DAVIDsTEA, marked by incremental sales growth, gross profit improvement and positive cash flow from operations,” said...

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Sono-Tek Reports Strong Fiscal Year 2025 Financial Results

-Reports Fourth Consecutive Quarter of Revenue above $5 million -FY 2025 Revenue Growth of 4% YOY – Backlog Remains Strong at $8.6 Million – Projecting Continued Revenue Growth and Profitability in the First Half of Fiscal Year 2026 -Conference Today at 11:00 am ET MILTON, N.Y., May 28, 2025 (GLOBE NEWSWIRE) — Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for the fiscal year 2025, ended February 28, 2025. Dr. Christopher L. Coccio, Executive Chairman, stated, “We are extremely proud of our performance this past fiscal year, with the continuing revenue trend of $5 million plus for the past four consecutive quarters. We remain pleased with the overall performance and trajectory of the business, as reflected by our strong backlog,...

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Photronics Reports Second Quarter Fiscal 2025 Results and Announces CEO Transition

BROOKFIELD, Conn., May 28, 2025 (GLOBE NEWSWIRE) — Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its second quarter of fiscal year 2025 ended May 4, 2025 and also announced that Dr. Frank Lee has informed Photronics of his plans to retire in the next year or two. In order to prepare for this transition, effective immediately, Dr. Lee has stepped down from his role as CEO of Photronics, but will continue to focus on the company’s Asia operations and will remain Chairman and President of Photronics’ PDMC subsidiary in Taiwan, while also remaining on the Photronics Board of Directors. Mr. George Macricostas will immediately assume the role of Chief Executive Officer of Photronics, Inc. while remaining Chairman of the Board. “I would like to thank Frank...

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SQM Reports Earnings for the Three Months Ended March 31, 2025

HighlightsSQM reported total revenues for the three months ended March 31, 2025 of US$1,036.6 million compared to total revenues of US$1,084.5 million for the same period last year.Net income for the three months ended March 31, 2025 of US$137.5 million or US$0.48 per share, compared to net loss(1) of US$(869.5) million or US$(3.04) per share for the same period last year.Record-high iodine sales priceRecord first-quarter lithium sales volumes reflect strong market demandSQM will hold a conference call to discuss these results on Wednesday, May 28, 2025 at 12:00pm EDT (12:00pm Chile time).Participant Call link: https://register-conf.media-server.com/register/BI6159b9c8909e448cb6684738c5d43086Webcast: https://edge.media-server.com/mmc/p/kosehsfrSANTIAGO, Chile, May 28, 2025 (GLOBE NEWSWIRE) —...

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European Energy A/S: Q1 2025 report

Company announcement 8/2025 (28.05.2025) European Energy announces its financial report for the first quarter of 2025. Highlights:Q1 2025 EBITDA: European Energy delivered a solid result with a Q1 2025 EBITDA reaching EUR 45.9m, an increase of EUR 49.6m compared with Q1 2024, mainly as a result of more sales of energy parks and ready to build (RTB) projects. Solid project divestments: in Q1 2025, European Energy divested energy parks and projects totaling EUR 165.6m (Q1 2024: EUR 4.2m). The total capacity of divested solar energy parks amounted to 1.169 MW (Q1 2024: 0MW), of which 956 MW was a RTB project in the US and 213 MW was a forward sale in Denmark. Gross profit from the sale of energy parks and projects totalled EUR 48.9m (Q1 2024: EUR -7.9m), reflecting solid sales margins. Power production and sales: The total power production...

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